In this presentation, Mr. Rukun Tarachandani delves into the process of identifying good fund managers. He begins by exploring the debate between active and passive investing, questioning whether it's worth ...the time and effort to choose a fund manager. He then moves on to discuss the various nuances involved in fund manager selection, covering both qualitative and quantitative criteria, as well as the role of organizational factors in making an informed decision.[+] Show More
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How to choose a Fund Manager?
In this presentation, Mr. Rukun Tarachandani delves into the process of identifying good fund managers. He begins by exploring the debate between active and passive investing, questioning whether it's worth ...the time and effort to choose a fund manager. He then moves on to discuss the various nuances involved in fund manager selection, covering both qualitative and quantitative criteria, as well as the role of organizational factors in making an informed decision.[+] Show More
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Personal Tax Simplified...
In this video, Raj Mehta tries to cover different aspects of personal taxation. This is continuation of the Wealth Management series where different aspects of personal finance are being covered. ...Apart from the taxation rates, he also tries to cover NRI taxation, foreign remittances, inheritance & estate tax as well as different structures in GIFT city.[+] Show More
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Estate and Succession planning
Ms. Deepika More stresses the importance of planning for succession and estates to avoid family conflicts and legal battles over inheritance. Proper planning provides peace of mind, financial security for ...dependents, reduces taxes, and protects assets using tools like wills and trusts. Since different religions have their own inheritance laws, wills and trusts offer benefits like control over how assets are distributed, tax savings, and privacy. Overall, good estate planning prevents disputes, legal issues, and delays, making sure that wealth is passed on securely and according to one's wishes.
In a recent presentation, Mahavir Chopra (Founder - beshak.org) provided valuable insights into the insurance industry. He discussed the 13 untold truths of the insurance industry and what all things ...a consumer should focus on. He also discussed what common mistakes consumers make while buying insurance. He explained that insurance companies depend on intermediaries to sell their products, highlighting how the priorities of these companies shift across different stages: selling policies, renewing them, and processing claims, with the latter often receiving lower priority. He discussed why all thumb rules are only sales gimmicks and burst many myths in the industry.[+] Show More
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Family Business vs Business Families - Understanding the difference
Mr. Rajeev Thakkar discusses the challenges faced by family businesses, especially when passing on the business to the next generation. He argues that family businesses should transition to becoming a ..."business family" by separating the business and family aspects. This helps preserve the business if family issues arise and vice versa.
Some key challenges for family businesses are:
- Dividing the business assets fairly among multiple heirs when the business itself cannot be divided easily.
- Accurately valuing the business assets, which is difficult for unlisted private businesses.
- Deciding who should run the business - the most capable person or a family member?
- Dealing with family members who are not interested in the business.
- Handling disputes and differences of opinion between family members.
He argues that diversifying investments beyond just the family business helps preserve wealth in the long run. Concentration works while building wealth but not for preserving it. He also stresses the need to reward family members working in the business fairly and distinguish between ownership and efforts.
In summary, for family businesses to succeed across generations, they need to professionalize and transition to a "business family" model that separates the business and family aspects while maintaining a symbiotic relationship.
Neeraj Marathe discusses the co-working space industry in India. Some key points:
• Co-working spaces provide flexible office spaces for companies where they don't have to worry about operational issues like ...cleaning, maintenance, etc. This makes it cost effective for companies.
• There are different types of co-working models like pure co-working spaces, build to suit spaces, managed offices, and virtual offices.
• The success of a co-working operator depends on factors like the type of area and building, negotiations with landlords, relationships with property consultants, the mix of clients from different industries, occupancy levels, and capex costs.
• The co-working industry in India is growing rapidly but is also highly competitive and commodity-like with low entry barriers. Operators need to focus on offering good service and building community to differentiate themselves.
• While there are risks like dependence on large clients and landlords not renewing leases, maintaining good relationships with all stakeholders and flexibility in business models can help mitigate these risks.
• If managed properly, co-working spaces can be a profitable and scalable business for operators while providing cost savings and flexibility for companies.[+] Show More
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Overview of Outsourced Electronics Manufacturing companies
In this video, Raj Mehta gives an overview of the Outsourced Electronics Manufacturing Industry of India and their evolution. He talks about various business models as well as the major ...players & their strategies. He also talks about what can be the competitive advantages for any player in the industry.[+] Show More
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"What to do once you are rich"
Mr. Rajeev Thakkar discusses what wealthy individuals should do after accumulating wealth. He talks about various aspects like investments, family businesses, alternatives and structured products.
Regarding investments, he mentions that one ...needs a financial plan irrespective of the size of wealth. He cautions against obsessing over venture capital and startup investments. Though some investments do well, on average returns are lower than index funds. Getting shares in promising startups is difficult.
Mr. Rajeev Thakkar discusses challenges with private equity funds and alternatives like PMS and AIFs. Though they have their place, costs are higher and returns are often lower for the average fund. Structured products promise to protect capital while giving equity upside but come with catches like lower returns and higher taxes.
In conclusion, he recommends a balanced approach to investments. Alternatives have their place but should not be blindly pursued. Mainstream investments through mutual funds often provide a better risk-return tradeoff for long-term wealth creation.
The medical field has been one of the early adopters of AI tools. After CIO Rajeev Thakkar's video on Recent Developments in AI, Fund Manager Raunak Onkar walks us through ...the application of AI / ML Technology in the healthcare field.
Recent developments in AI and Investment Implications
The presentation discussed the rise of artificial intelligence and its implications. Rajeev Thakkar gave an overview of AI, from its early forms to modern large language models and generative AI. ...While AI has made great strides in tasks like vision, speech recognition and language processing, debates continue on whether machines have truly achieved human-like intelligence.
Navigating the Smallcap Landscape: Opportunity and Challenges
In recent years, the Smallcap sector has garnered significant attention. This presentation employs a data-driven perspective to delve into the Indian smallcap equity market. We aim to determine if there's ...a genuine opportunity within this segment and, if so, explore the challenges in capitalizing on that opportunity.
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00:00 - Intro
01:05 - Smallcap Profit and Market Pool
03:45 - Smallcap vs. Largecap Index Performance
05:06 - Academic Research on Smallcap Size Premium
08:13 - Smallcap Index - Selling Winners Early
12:08 - Smallcaps have higher Junk Stocks
12:46 - Smallcap Junk stocks are more illiquid
13:36 - Smallcaps with Junk stocks can deliver good returns
16:25 - Smallcaps have more severe drawdowns
18:06 - Smallcap multiples can be very cyclical
19:14 - Smallcap liquidity can dry up during bad markets
20:31 - Possible reasons why Smallcaps have higher downside
23:21 - Inflows into Active MFs have been skewed towards Smallcaps
25:50 - Relative and Absolute Valuation of Smallcaps right now
29:18 - Q&As[+] Show More
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Stepping Into The Footwear Industry
This video attempts to provide an understanding of the various aspects of the footwear industry. It highlights the similarities as well as the differences between some of larger listed and ...unlisted players within the country.